The ARB Annual Report is just a pleasure to read through. Anyone who wants to see what a well set out Annual Report should look like, needs to read through it. The numbers don't lie - they show how well ARB is being managed and what strong, consistent, financial performance looks like.
The growth in revenues across the different segments is pleasing and this flows through to the bottom line. New products, more stores and improved stock availability continued drive revenues. The cashflow was very strong and the Statement of Financial Position show the strength of the company.
I expect ARB's financials to continue on the same path going forward in the next year or two. The share price may fluctuate, but it is worth noting that 75.7% of ARB is owned by the top 20 shareholders.
ARB Price at posting:
$21.40 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)